Consolidated figures
| Ratio | Mar 2024 | Mar 2025 |
|---|---|---|
| Margins | ||
| Gross margin % | 78.8% | 54.3% |
| EBITDA margin % | 16.2% | 14.2% |
| EBIT margin % | 10.3% | 8.2% |
| PAT margin % | 7.2% | 6.1% |
| Working capital | ||
| Receivable days | 53 | 73 |
| Inventory days | 109 | 148 |
| Payable days | 254 | 258 |
| NWC days | -92 | -38 |
| Leverage | ||
| Current ratio | 1.11 | 1.18 |
| Debt to EBITDA | 0.38 | 1.61 |
| Debt to equity | 0.18 | 0.8 |
| Interest coverage | 16 | 11.9 |
| Asset turnover | 1.72 | 1.14 |
| Return ratios | ||
| Return on assets % | 12.4% | 7% |
| Return on capital employed % | 29% | 24.8% |
| Return on equity % | 21.7% | 21.3% |
Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.